On April 11, Singapore-listed company City Developments Ltd (CDL) revealed that 278 units of its 540-unit Irwell Hill Residences project were snapped up on launch weekend. Each unit sold under the luxury development averaged $2,700 per square feet.   80% of the buyers were Singaporeans and the remainder were Permanent Residents and foreigners from China, [...]

HDB Resale prices rose for the ninth continuous month in March. This was due to a combination of delays in Build-to-Order (BTO) flats, rising private property prices and better market sentiments.   Resale prices grew by 0.8% during March compared to the month before based on information from SRX, a real estate portal.   Resale [...]

Around 43,000 households will get their (Build-To-Order) BTOs at a later date due to construction delays from lack of manpower and supply chain disruptions.   There are currently 89 BTO projects ongoing, and 85% of them are behind schedule. This is according to the Ministry of National Development release on Monday, April 5.   So [...]

Private home prices continue to grow, and that growth is increasing. Residential property price increases began soon after the Circuit Breaker and has been increasing for the first three months of 2021. The URA(Urban Redevelopment Authority) estimates that private property index increased 2.9% quarter on quarter faster than the 2.1% quarter on quarter increase during [...]